G4S Utility Services, one of the UK’s largest national providers of field metering and data management services, has been awarded a significant contract to provide Macquarie’s Corporate and Asset Finance Group, part of Macquarie Group Limited and one of the UK’s leading smart meter financiers, with a fully accredited MAP system with an ongoing data management service.
The initial three year contract, which started in January 2011, will be delivered from G4S Utility Services’ head office in Newcastle supporting Macquarie’s continued growth providing energy meters across the UK. The contract includes the opportunity, at a later date, to expand volumes and terms in line with the UK Smart Meter deployment programme. The contract builds on G4S’s existing smart meter provision services for British Gas.
Kim Challis, Managing Director, G4S Utility Services commented:
“Macquarie is the leading meter asset provider in the UK market and are an existing partner to G4S in the domestic and commercial smart metering sectors. We are delighted to be providing Macquarie with this key service which leverages our extensive industry and process knowledge. We will be tailoring our in-house dual fuel meter operations systems to deliver this service accordingly.”
John Wilson, Executive Director at Macquarie, commented:
“We are pleased to be able to further extend our relationship with G4S Utility Services to deliver this contract. The benefit of the flexibility that G4S offered, having already invested in industry leading metering processes, was particularly attractive to us when making this decision.”